In global trade, the term "dumping" refers to:

In global trade, the term "dumping" refers to:



a) a foreign company's production of private-label goods to which a domestic company attaches its own brand name.

b) the buying of permanent property and businesses in foreign nations.

c) the practice of selling products in a foreign country at lower prices than those charged in the producing country.

d) a situation that exists when a country exports more than it imports.



Answer: c


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